Warren Buffett's Berkshire Hathaway reveals it built a $4 billion stake in Taiwan Semiconductor - and added Jefferies to its stock portfolio
The famed investor's conglomerate purchased about 60 million American Depository Shares of the Taiwanese computer-chip maker, which counts Apple among its key clients.
Buffett's company also boosted its bets on Chevron, Occidental Petroleum, Paramount Global, Celanese, and RH. On the other hand, it trimmed its wagers on Activision Blizzard, Kroger, General Motors, US Bancorp, and BNY Mellon. It also added Jefferies and Louisiana-Pacific to its holdings, and exited its position in Store Capital.
The total value of Berkshire's US stock portfolio, which excludes overseas holdings such as BYD, declined slightly to $296 billion. Apple easily remained the number-one holding, accounting for over 40% of Berkshire's portfolio in both the second and third quarters. Berkshire — which owns dozens of businesses including Geico, See's Candies, and Precision Castparts — published its
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